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Old 03-16-2010, 06:58 PM   #1
waitinginthewings
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Default Re: What is Going on in The Dollar Loan And Physical Gold Markets?

Here's what Dr. Doom had to say about Gold & Farmland Feb. 22 article. Don't know about the Gold, but farmland makes sense to me.


The world’s most powerful investors have been advised to buy farmland, stock up on gold and prepare for a “dirty war” by Marc Faber, the notoriously bearish market pundit, who predicted the 1987 stock market crash.

The bleak warning of social and financial meltdown was delivered today in Tokyo at a gathering of 700 pension and sovereign wealth fund managers.

Dr Faber, who advised his audience to pull out of American stocks one week before the 1987 crash and was among a handful who predicted the more recent financial crisis, vies with the Nouriel Roubini, the economist, as a rival claimant for the nickname Dr Doom.

contd/............here
http://business.timesonline.co.uk/to...cle7035913.ece

Last edited by waitinginthewings; 03-16-2010 at 07:06 PM.
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Old 03-16-2010, 07:07 PM   #2
sammytray
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Default Re: What is Going on in The Dollar Loan And Physical Gold Markets?

Quote:
Originally Posted by waitinginthewings View Post
Here's what Dr. Doom had to say about Gold & Farmland Feb. 22 article. Don't know about the Gold, but farmland makes sense to me.


The world’s most powerful investors have been advised to buy farmland, stock up on gold and prepare for a “dirty war” by Marc Faber, the notoriously bearish market pundit, who predicted the 1987 stock market crash.

The bleak warning of social and financial meltdown was delivered today in Tokyo at a gathering of 700 pension and sovereign wealth fund managers.

Dr Faber, who advised his audience to pull out of American stocks one week before the 1987 crash and was among a handful who predicted the more recent financial crisis, vies with the Nouriel Roubini, the economist, as a rival claimant for the nickname Dr Doom.

contd/............here
http://business.timesonline.co.uk/to...cle7035913.ece
http://business.timesonline.co.uk/to...cle7035913.ece
WOW WOW Those have the food have the upper hand.
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Old 03-16-2010, 07:18 PM   #3
Rocky_Shorz
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Default Re: What is Going on in The Dollar Loan And Physical Gold Markets?

well it is also land that can be bought up for cheap and if the market completely crumbles, isn't worth much less...

It is like the people in Arizona that bought huge parcels of land at $150 an acre when the market was booming, and now after the crash I see a few looking to sell it now instead of homestead as Solar farms...

they raised the price to $175 because it is a great idea...

but still selling for $150
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Old 03-16-2010, 07:24 PM   #4
waitinginthewings
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Default Re: What is Going on in The Dollar Loan And Physical Gold Markets?

Yes, food might become the real Gold. At least we can eat it. For the average person cannot buy Gold, but a few acreas of land would be "doable" & they can grow their food, even share it with their neighbors. Yes the more I think about it, the more I realise the importance of growing our own food.
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Old 03-16-2010, 08:16 PM   #5
pineal-pilot-in merkabah
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Default Re: What is Going on in The Dollar Loan And Physical Gold Markets?

Quote:
Originally Posted by waitinginthewings View Post
Yes, food might become the real Gold. At least we can eat it. For the average person cannot buy Gold, but a few acreas of land would be "doable" & they can grow their food, even share it with their neighbors. Yes the more I think about it, the more I realise the importance of growing our own food.
i came to that conclusion a year or so ago, so i purchesed a cannister of lipscomes survival seeds. 4lbs of heirloom seeds. bought inn the usa, driven over the border to canada , cos canada customs confiscates his deliveries so he doesnt post anymore, then a friend picked them up drove em to bc for me and then mailed em to the uk. if you want heirlooms in the uk you have to go on a united nation/EU list to grow them. if i can get gold i will . food= number one priority.
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Old 03-17-2010, 12:53 AM   #6
Rocky_Shorz
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Default Re: What is Going on in The Dollar Loan And Physical Gold Markets?

Quote:
Gold Will Soar on Euro Crisis
NEW YORK (TheStreet) -- James Turk, founder of GoldMoney, says eurozone sovereign debt issues will be one of the factors pushing gold to $1,800 by the end of the year.
I wonder what the other factors are, like there isn't any gold?

So why is the IMF dumping gold metals right now if the market is about to explode?
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